Page 252 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

5/30/25, 4:39 PM UAE, EU continue talks on Comprehensive Economic Partnership Agreement – The Gulf Time Newspaper
During the investment roundtable, representatives from the UAE and the European private sectors, engaged in discussions to
identify mutual investment opportunities that can drive innovation and sustainable economic development.
FDI flows between the UAE and EU are strong and robust, with recent partnerships in data centres in Italy, solar plants in
Spain, and neighbourhood redevelopment in Budapest. A UAE-EU CEPA has the potential to unlock further opportunities,
including a US$50 billion AI data centre deal with France and a US$40 billion commitment in Italy’s energy and defense
sectors.
The CEPA programme is a key pillar of the UAE’s foreign trade agenda, reflecting the nation’s commitment to open, rules-
based trade to drive economic growth and diversify its economy.
By enhancing access to global markets and establishing stronger trade and investment flows with partners around the world,
the CEPA programme has contributed to a record non-oil trade of US$816 billion in 2024, marking a 14.6% increase over
2023.

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